A successful meeting is being expected on April 9 between the members of Organisation of Petroleum Exporting Countries (OPEC) and allied producers including Russia. On the back of this, crude prices oil prices saw a positive jump as US West Texas Intermediate (WTI) crude oil price rose by 5.59 per cent to USD 24.95 per barrel and Brent crude oil price went up by 2.35 per cent to USD 32.62 per barrel.

Gujarat Alkalies & Chemicals (GACL) on Tuesday informed the bourses that it has started partial operation of poly aluminium chloride (PAC) and hydrogen peroxide plants at Dahej complex and chloromethane & poly aluminium chloride (PAC) plants at Vadodara

Galaxy Surfactants in its press release stated that the company has partially resumed operations at its plants with effect from April 6, 2020. Nevertheless, the company supplies essential commodities including units engaged in manufacturing and distribution of sanitisers, soaps and detergents.

With this new order, the company’s O&M order book has strengthened, which would help in the improvement of cash flows and better revenue growth.

20-DMA (8,906) is likely to act as a stiff resistance for Nifty, followed by 9,039 and above this, Nifty may test 9,390 levels. On the downside, the level of 8,500 is likely to act as a strong support. Stocks in news: Advaced Enzyme Technologies, Galaxy Surfactants, Hero Motocorp, Deepak Nitrite.

Doug Kass says often that the market has no memory from day to day. In the last trading session, Indian market posted a record single day but today morning, it seems that the bears will be ruling the D-street as God knows who laid the red carpet for the bears this morning!

The stock of Dabur India Limited has given a consolidation breakout on the daily time frame along with relatively higher volumes. Additionally, the stock has formed a sizeable bullish candle on the breakout day, adding strength to the breakout.

Sensex records the biggest one day gain as it closed at the level of 30,067.21 with an increase of 8.97 per cent or 2,476.26 points. Nifty closed at the level of 8,792.20, up by 8.76 per cent or 708.40 points. Nifty witnessed all stocks advance with no declines. The advance-decline ratio on BSE was 3:1.

Man Industries (India) Limited, one of the leading large-diameter pipe manufacturing companies announced that the promoters of the company (RCM Group) have purchased 14.67 lakh shares, representing 2.6 per cent of the company's total shares holding during the financial year 2019-20.

Shares of Shilpa Medicare Ltd were locked in an upper circuit on Tuesday after the company announced that its subsidiary has received approval for anti-cancer drug Imatinib from UK Medicines and Healthcare products Regulatory Agency (MHRA).

At a time when the entire country is shut down and industries such as airline and hotels are on the verge of collapse; alcohol-based chemical industries can be seen as better placed. Along with specialty chemical companies, specific products can be used in the medication of virus and also, be looked after by the investors.

Zydus Cadila has received a final approval from US Food & Drug Administration (USFDA) to market Perphenazine tablets USP, 2 mg, 4 mg, 8 mg and 16 mg (US RLD: Trilafon tablets)

Tata Power Solar Systems Limited, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power has received a letter of award (LoA) to build 300 MW CPSU-II for NTPC at an all inclusive price of Rs 1,730.16 crore.

Ratings agency CRISIL in its latest report stated that cement demand in India is expected to dip by nearly 20 to 25 per cent in the current fiscal year if the country is unable to contain the pandemic by the month of May

The market opened in the green on April 7, 2020. The previous trading session witnessed the Sensex going down by 674.36 points to end at 27,590.95 and the Nifty was down 170 points to close at 8,083.80.

The market opened in the green on April 7, 2020. The previous trading session witnessed the Sensex going down by 674.36 points to end at 27,590.95 and the Nifty was down 170 points to close at 8,083.80.

Looking at FY20, the total booking value is up by 11 per cent YoY at Rs 5,915 crore with residential sales increasing by 14 per cent YoY to Rs 5,840 crore, comprising of over 7,300 homes sold. The company launched 17 new projects in FY20, including six launches in Q4.

The market opened in the green on April 7, 2020, overall volumes in futures & options currently stand at 91.14 lakh contracts with a turnover of Rs. 4,45,927.56 crore.

The steel output for the month of January and February showed signs of recovery with nearly one per cent growth on YoY basis. However, the lockdown and weak manpower during March has led to a decline in the production for the quarter.

The market opened in the green on April 7, 2020, overall volumes in futures & options currently stand at 91.14 lakh contracts with a turnover of Rs. 4,45,927.56 crore.

The smart world and communication business of Larsen & Toubro Limited’s Construction arm has bagged a large order from Indian Army to establish a first-of-its-kind state-of-the art unified network management system (NMS) to manage, support and operate the countrywide armed forces under network for spectrum (NFS).

Hikal Limited has informed the bourses that the company has received a permission from the government authorities to restart its operations since it is a provider of the essential services (pharmaceutical and continuous industries), which are exempted from the lockdown.

The stock of Emami Limited has formed a bullish engulfing candle on the weekly time frame. The bullish engulfing candlestick pattern consists of two real bodies of opposite colours. The second day’s body completely engulfs the previous day's body. A large bullish candle suggests this was a sudden and decisive shift to bullish sentiment.

The low of Friday’s trading session (8,055) is going to act as a crucial support level. On the upside, the high of Friday’s trading session (8,356) is likely to act as a stiff resistance for the index. Stocks in news: Bajaj Finance, Godrej Properties, IndusInd Bank, Kotak Mahindra Bank, Lupin, HDFC Bank, L&T.

Indian markets are set to open today after an extended weekend as Monday was a trading holiday. Over the last three days, news from the global shore has been soothing as COVID-19 cases appear to peak out in Europe and New York thereby, bring hopes of stabilisation. Further, icing on the cake is a historic stimulus announced by Japan’s Minister Shinzo Abe to combat the impact of Coronavirus on the economy.

The low volatility strategy is used to survive in situations like the present crisis. But does it really work and pays off? Let’s find out.

KEI Industries has extended its support to ISKCON Delhi for feeding homeless people amid the recent pandemic outbreak and the nationwide lockdown.  

Mahindra & Mahindra (M&M) in a filing to the exchanges stated that it has reviewed its investment in SsangYong Motor Company (SYMC) worth 500 billion Korean Won (KRW) or USD 406 million. The company has also discussed the approach to capital allocation embracing COVID-19 impact.

Global rating agency, Moody’s Investor Service, placed private sector lender IndusInd Bank’s ratings under review for downgrade and cut its outlook on ICICI Bank, Axis Bank and IDBI Bank by a notch due to asset quality concerns.

Associated Alcohols & Breweries announced that the company has received permission from MP Drug & Food authorities for the production of alcohol-based hand sanitisers.

SRL informed that the credit rating agency has reaffirmed the company’s long-term issuer rating at CARE AA- with stable outlook and short-term issuer rating at CARE A1+. 

The shares of pharmaceutical company, Cipla Limited surged more than eight per cent on Friday after the company announced that it has successfully completed phase-3 of clinical end-point study for fluticasone propionate & salmeterol inhalation powder.

Cyient Limited announced that it has partnered with Hitachi Rail in order to accelerate the evolution of signalling technology as well as expand & enhance the latter’s project execution capacity.

Bank of Maharashtra announced that it will reduce its repo linked lending rate (RLLR) by 75 basis points from April 7, 2020.

New Fund Offers (NFOs) that are open for subscription.

Other gainers were Coal India, Sun Pharma, ONGC and RIL that closed higher by 12 per cent, 11 per cent, 7.7 per cent and 0.3 per cent, respectively.

Considering the weekly time frame, the stock of Astrazeneca Pharma India Limited bounced back from the edge of a rising trendline support that is formed by connecting the swing lows since December 2018, which coincides with long-term moving average, i.e. 100-week SMA level.

Considering the weekly time frame, the stock has formed a piercing line candlestick pattern. The piercing line candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

The share price of Lupin Ltd, an Indian pharmaceutical company, rose today after the company announced that it has received an EIR from USFDA for its Aurangabad facility.

Currently, the stock has formed three inside down candlestick pattern on the daily time frame. The three inside down pattern represents a confirmation of the bearish harami pattern, which indicates that the forecast is successful.

Amid the current pandemic situation in the country, Aster CMI Hospital & Aster RV Hospital as part of Aster DM Healthcare has launched a special video consultation service.

Reliance Industries Limited (RIL) informed that its board of directors has approved a proposal to raise funds through the issuance of non-convertible debentures (NCDs) up to Rs 25,000 crore.

Godrej Properties, which is considered as one of India’s leading real estate developers, will be adding two new projects in Worli and Matunga East area of Mumbai (Maharashtra).

Majesco Limited informed the bourses that it has completed the acquisition of InsPro Technologies Corporation, which is US-based software leader in the life and annuity insurance market.

RBI announced EMI moratorium amid COVID-19. It has been introduced to reduce the burden of EMIs on people during this crisis. So, read the following to know whether or not, you should opt for the same.

Zydus Cadila announced that it has received approval from the United States Food and Drug Administration (USFDA) to market Lamotrigine extended-release tablets USP in the strengths of 25 mg, 50 mg, 100 mg, 200 mg, 250 mg and 300 mg.

The market opened in the green on April 3, 2020. The previous trading session witnessed the Sensex going down by 1,203.18 points to end at 28,265.31 and the Nifty was down 343.95 points to close at 8,253.80.

The market opened in the green on April 3, 2020. The previous trading session witnessed the Sensex going down by 1,203.18 points to end at 28,265.31 and the Nifty was down 343.95 points to close at 8,253.80.

Cyient has announced that the company is providing drone-based surveillance technology for supporting Telangana State Police in implementing the strict COVID-19 lockdown in the city of Hyderabad.

The market opened in the green on April 3, 2020, overall volumes in futures & options currently stand at 2.66 crore contracts with a turnover of Rs. 12,40,497.56 crore.

The market opened in the green on April 3, 2020, overall volumes in futures & options currently stand at 2.66 crore contracts with a turnover of Rs. 12,40,497.56 crore.

The level of 8,198 is a crucial level to watch out. Any close below this level, there are higher chances of testing prior low of 7,511. Stocks in news: Jubilant Foodworks, Reliance Industries, Cadila Healthcare, Cyient, Shilpa Medicare, Aurobindo Pharma, Cipla.

Indian markets will open after a gap of one day as on Thursday, the markets were closed on account of Ram Navami. As we enter the final trading session of the week, SGX Nifty is trading with losses of nearly half a per cent, indicating a negative start for the day.

The stock of Glaxosmithkline Consumer Healthcare Limited forms a bearish engulfing candlestick pattern of the daily time frame.

The PSU banks merger can help these banks better compete with private players such as HDFC Bank and ICICI Bank.

Adani Enterprises Limited (AEL) announced an award of hybrid annuity road project from National Highways Authority of India (NHAI), having recently participated in a tender issued by the autonomous agency of the government. The company said that it was the recipient of a letter of authorisation (LOA) for a road project in the state of Madhya Pradesh.

Maruti Suzuki India reported total sales of 83,792 units in March 2020, in comparison to over 158,076 units sold in March 2019. This includes 76,976 units in the domestic market, 2,104 units of domestic OEM sales and 4,712 units of exports.

There are various strategies when it comes to investing. Glide path is one of them. Read on to find out more about it.

Minda Industries is set to make an investment in TG Minda, which is 49.9 per cent joint venture between UNO MINDA and Toyoda Gosei, Japan (TG). The mentioned investment will be of Rs 33.5 crore and is expected to be completed by September 2020.

Defense PSU, Hindustan Aeronautics Limited (HAL) announced that it had recorded a turnover of more than Rs 21,000 crore in the financial year ending March 31, 2020, representing a growth of around seven per cent for the second consecutive year post listing, as compared to 3.8 per cent in 2017-18.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

Sentiment Indicators

Technical Analysis of 1 Stock (with 15 days horizon).

Review on 1 stocks recommended in past.

Fundamental Analysis of 1 Stocks (with 180 days horizon).

1 stock recommendation based on Street Talk (with 7 days horizon).

Editor's views on the capital markets, stock reviews and word on Dalal Street.

Among gainers from mid-cap space, stocks such as Suprajit Engineering and GM Breweries were able to close higher by 11 per cent and 8 per cent, respectively.

FY20 ended on a very bad note for the equity market and mutual funds dedicated to them, followed the suit. 

The major city gas distribution companies which are likely to get the benefit from this price drop are Mahanagar Gas (up by three per cent), Gujarat Gas (up by six per cent), Adani Gas (up by five per cent), Indraprastha Gas (up by 10 per cent) and GAIL India (up by three per cent).

Jubilant Life Sciences informed the bourses on Tuesday that its subsidiary, Jubilant Pharma, through one of its wholly-owned subsidiaries, has received an establishment inspection report

The market opened in the red on April 1, 2020. The previous trading session witnessed the Sensex going up by 1028.17 points to end at 29,468.49 and the Nifty was up 316.65 points to close at 8,597.75.

The market opened in the red on April 1, 2020. The previous trading session witnessed the Sensex going up by 1028.17 points to end at 29,468.49 and the Nifty was up 316.65 points to close at 8,597.75.

Biocon Limited’s subsidiary Biocon Sdn Bhd has received an establishment inspection report (EIR) from USFDA for the pre-approval inspection (PAI) of its insulin’s’ manufacturing facility in Malaysia for Insulin Glargine.

The market opened in the red on April 1, 2020, overall volumes in futures & options currently stand at 1,31 crore contracts with a turnover of Rs. 6,73,374.18 crore.

The market opened in the red on April 1, 2020, overall volumes in futures & options currently stand at 1,31 crore contracts with a turnover of Rs. 6,73,374.18 crore.

Though the benchmark indices ended the last trading session of the fiscal year 2020 on a buoyant note but for FY20, Nifty50 was down by 26 per cent and Sensex ended lower by almost 24 per cent, recording their worst performance in over a decade. In 2008-2009, Sensex had registered a decline of 38 per cent, while Nifty had dropped 36 per cent amid global financial crisis.

If Nifty manages to hold above the recent swing low of 8,244 and closes above 9,039 level, Nifty may form a higher-high. However, the failure to close or move above the swing high of 9,039 level, it may result into a consolidation in a broad range of 8,000-9,000. Stocks in news: Hindustan Unilever, GM Breweries, Adani Enterprises, GE Power India, Jubilant Life Sciences.

With the recession on the horizon, it’s time to take those steps that will help you to sail through these trying times.

ICICI Bank Ltd has announced the launch of its banking services on WhatsApp amid nationwide lockdown. The bank has taken this step to enable its customers to avail banking facilities with ease while staying at home during this hour of crisis caused due to Coronavirus rapid spread. 

Dalal Street witnessed an extreme volatility in the past few weeks. However, on Tuesday, i.e. March 31, 2020, Sensex rallied by 1,028.17 points to the level of 29,468.49 which is an increase by 3.62 per cent. Nifty closed at 8,597.75 level, thus increasing by 3.82 per cent or 316.65 points.

After the release of positive manufacturing data by Chinese government, the metal stocks rallied with boosting domestic investor confidence. As a reaction to the news, S&P BSE Metal index went up by 5.36 per cent.

Cyient, a global engineering and technology solutions company, today announced that it has received a clearance for its Mysore facility to run its MedTech manufacturing lines to support the production of medical equipment, which is of critical importance in the fight against COVID-19.

Since February 2020, Sensex is witnessing a selling pressure and have fallen quite a lot. However, there are funds that fell less than Sensex. Read on to find out more.

Shares of Induslnd Bank were locked at a lower circuit of 20 per cent on Tuesday over concerns regarding the bank’s falling deposit base and asset quality due to the rapid spread of Coronavirus.

The market opened in the green on March 31, 2020, overall volumes in futures & options currently stand at 87.22 lakh contracts with a turnover of Rs. 4,61,006.19 crore.

In response to Prime Minister’s call to support the nation’s fight against Coronavirus pandemic, Reliance Industries (RIL) announced a donation of Rs 500 crore to PM CARES Fund. The company also contributed Rs 5 crore each to the governments of Maharashtra and Gujarat for helping them in their efforts to combat COVID-19.

The market opened in the green on March 31, 2020. The previous trading session witnessed the Sensex going down by 4.6 percent to end at 28,440 and the Nifty was down 4.4 percent to close at 8,281.38.

The market opened in the green on March 31, 2020. The previous trading session witnessed the Sensex going down by 4.6 percent to end at 28,440 and the Nifty was down 4.4 percent to close at 8,281.38.

The market opened in the green on March 31, 2020, overall volumes in futures & options currently stand at 87.22 lakh contracts with a turnover of Rs. 4,61,006.19 crore.

The grinding capacity of these plants stood enhanced to 2.50 million tonnes per annum (MTPA) and 3.25 MTPA, respectively. The aggregate cement grinding capacity of the company stands enhanced to 6.26 MTPA.

Bharti Airtel, a telecommunications company, today announced special measures to assist lower-income group customers impacted by COVID-19 crisis.

The expected closure date is May 31, 2020. The company has received KD 468,000 for pharmacies sold and a consideration for the last unit is expected to be around KD 15,000.

Aavas Financiers Limited has informed that Asian Development Bank (ADB) signed an agreement to lend around US$ 60 million in Indian rupee to the company for improving access to housing finance for lower-income borrowers especially women, in India.

Zydus Cadila announced that the pharma company has received a tentative approval from US Food & Drug Administration (USFDA) to market Carbidopa and Levodopa extended-release capsules in the strengths of 23.75 mg/95 mg, 36.25 mg/145 mg, 48.75 mg/195 mg and 61.25 mg/245 mg.

The level of 8,100-8,000 is a crucial support level for Nifty as 61.8 per cent of the recent pullback rally from the lower levels is placed around this region. Stocks in news: Heidelberg, Britannia, Reliance Industries, Bharti Airtel.

After a dismal close in the last trading session, Tuesday morning provides fresh hopes for the bulls. Two key factors which resulted into the shift of mood on D-Street is flattening of Coronavirus infection rate curve in Italy as well as China’s surprising manufacturing PMI, which jumped to 52 from its all-time low, registered in the last month.

Sugarcane mills company, Dhampur Sugar Mills Limited, today announced that they have commenced the production of hand sanitisers to combat the spread of Coronavirus.

Delta Corp informed that its board has approved a proposal for buyback of fully paid-up equity shares of face value of Re 1 each, representing 4.61 per cent of its total paid-up equity share capital as on December 31, 2019 for an amount Rs 125 crore.

The maniac at D-Street continued on Monday as well, since the stock markets witnessed a massive sell-off with bears taking the lead on account of rising Coronavirus cases in India and also, globally. The rise in cases has led to a forceful shut down of businesses and disruption in manufacturing operations.